1054 NE FALOMA RD, Portland, OR 97211

$635,000
1,700
SqFt

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List Price
$635,000
Status
ACTIVE
Days on Market
173
MLS#
165466611
Year Built
1935
Living Area
1,700
Lot Size
34,412
Acres
0.79
Subdivision
BRIDGETON
Neighborhood
BRIDGETON
MLS Area Major
Portland Northeast

Property Description

Portland Cool Meets Modern Tudor: The High-Yield Urban Homestead. Ditch the cookie-cutter. This is a character-filled, three-income sanctuary on nearly an acre of PNW freedom. No HOA, high-end vibes, and heavy-hitting metrics: 6.174% CAP | 13.9 IRR. Unit 1: The Designer Flat Boutique 1BR/1BA. Private kitchenette, living space, and show-stopping imported stairs leading to a massive private deck. Unit 2: The Modern Sanctuary High-volume 2BR/2BA. Soaring vaulted ceilings, full kitchen, and Brazilian cherry floors. The primary suite is a "glass house" sanctuary with 17 windows and a spa-grade Bluetooth shower. Unit 3: The Passive Income Engine Dedicated RV space with full hookups and parking. Currently occupied by a reliable, long-term renter at $800/month. The Homestead & Land-The Grounds: Nearly an acre of potential. Greenhouse, plenty of room to grow your own vegetable garden, and a fresh orchard (plum, peach, apple, pear). The Freedom: Shared laundry, drive-through garage, and room for chickens or goats. The Location-Secluded oasis meets city-connected convenience. Minutes to I-5, Marine Drive, and PDX.3 Units-almost 1 Acre-Total Freedom.

Additional Information

Zoning
multi
Stories
1
Parking
Driveway, RV Access/Parking
Parking Features
Driveway, RV Access/Parking
Garage Spaces
1
Elementary School
Faubion
Middle School
Other
High School
Jefferson
View
Trees/Woods

Listing courtesy of eXp Realty, LLC.

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